Tag: Analyst

Bitcoin Sell-Off Likely When This Metric Reaches 4%, Analyst Explains

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Este artículo también está disponible en español. While Bitcoin (BTC) fluctuates around the critical $100,000 price level, some investors may seek the ideal opportunity to take profits and exit the market. In this context, a CryptoQuant analysis highlights a key BTC metric that can serve as a valuable tool for crafting an exit strategy. Have Profits In Bitcoin? Keep An Eye On This Indicator In a Quicktake blog post published today, CryptoQuant contributor Onchain Edge shared insights into timing the sale of BTC during the current bull market. The analyst…

Analyst Tells Community To Pay Attention To This Fractal

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Este artículo también está disponible en español. A crypto analyst has shared an XRP price chart, hinting at a potential breakout above $10 if the prominent altcoin can replicate a past fractal. The analyst urges the XRP community to monitor this fractal closely, highlighting the need to monitor price movements in the coming weeks.  XRP Price Eyes $16 As Analyst Spots Bullish Fractal An XRP supporter on X (formerly Twitter), known as ‘LUDXRP,’ has released a detailed chart analysis, predicting that the XRP price could climb to an ambitious price…

Bitcoin Stuck Between $99K And $102K – Analyst Explains Macro Situation

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Este artículo también está disponible en español. Bitcoin has remained range-bound between $99,000 and $102,000 since breaking above the psychological $100,000 level. While the breakout initially sparked excitement among investors, the current price action reflects market indecision, with no clear direction for the weeks ahead. Concerns about a potential correction linger as the broader market awaits stronger signals to confirm the next trend. Related Reading Top analyst Axel Adler recently shared insights on X, supported by data from CryptoQuant, highlighting two crucial support levels at $90,000 and $93,000. These levels…

Dogecoin Price Slump Looms, Analyst Points To Only One Lifeline

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Este artículo también está disponible en español. Dogecoin (DOGE) has entered a period of weakness, slipping roughly 16% from its November 23 local high of $0.4795. As the original meme cryptocurrency struggles to reclaim key technical levels, the consensus among some analysts is that DOGE’s ability to stabilize or recover may hinge almost entirely on an external factor: Bitcoin’s trajectory. Dogecoin Price At Risk Of Another Slump Technical analysis suggests that the previously well-respected uptrend line, established in mid-November, has now turned into a formidable barrier. After breaching this support…

XRP Bull Flag Breakout Could Lead Price To $4, Analyst Says

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Este artículo también está disponible en español. An analyst has explained how XRP could end up traveling to the $4 level if its 4-hour price can break out of a recent bull flag pattern. XRP Has Been Consolidating Inside A Bull Flag Recently In a new post on X, analyst Ali Martinez has talked about how the 4-hour price of XRP has been forming a Bull Flag recently. The “Bull Flag” here refers to a pattern in technical analysis (TA) that, as its name suggests, looks like a flag on…

Solana To New ATH Before Christmas – Analyst Expects $300 Soon

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Este artículo también está disponible en español. Solana (SOL) has faced a 23% retrace after hitting new all-time highs at $264, testing the resilience of bullish momentum. Despite this pullback, SOL’s price structure remains strong, with the token holding firmly above a critical demand zone. This consolidation phase indicates the market is gearing up for another potential breakout as bullish sentiment persists. Related Reading Renowned crypto analyst and investor Jelle recently shared a technical analysis on X, expressing optimism about Solana’s future price trajectory. According to Jelle, the retrace is…

Bitcoin On Track For $275,000? Analyst Cites Cup And Handle Formation

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Este artículo también está disponible en español. Bitcoin (BTC) fell to $94,500 yesterday after Microsoft shareholders decisively rejected a Bitcoin treasury proposal to allocate 1% of the company’s total assets to buy BTC as an inflation hedge. However, analysts are still confident of further appreciation of the BTC price. Bitcoin May Surge As High As $275,000 According to data from Coinglass, over $478 million worth of contracts – primarily long positions – were liquidated in the past 24 hours following the plunge in BTC and other cryptocurrencies. Interestingly, liquidation volumes…

Analyst: XRP’s Open Interest Spike Points to its Growing Appeal and Foundational Strengths

A surge in XRP’s open interest suggests continued investor interest in the cryptocurrency, according to analyst Iliya Kalchev. XRP Open Interest Leverage Driven The recent spike in XRP’s open interest suggests the number four digital asset is likely to remain “a focal point in the crypto space for the foreseeable future,” according to Iliya Kalchev, […] Source CryptoX Portal

This Analyst Correctly Predicted The Bitcoin Flash Crash To $94,000, But There’s A New Target

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Este artículo también está disponible en español. Following an earlier prediction of the Bitcoin flash crash to $94,000, a crypto analyst has set a new target for the pioneer cryptocurrency. The analyst anticipates another major decline in the Bitcoin price before it hits a new all-time high.  $130,000 Target In Sight After Bitcoin Flash Crash  The broader crypto market has undergone a significant correction sparked by the recent Bitcoin flash crash. In the past week, the price of Bitcoin lost $3,000 in less than 30 minutes, dropping from $97,000 to…

Analyst Says It Looks ‘Incredible’

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Este artículo también está disponible en español. The crypto market has seen the largest leverage flush out since April 2021 yesterday, December 9, as reported earlier today. Amidst the market shakeout, Dogecoin (DOGE) is one of the altcoins which is displaying significant signs of strength. In a post on X, crypto analyst CRG (@MacroCRG) argues that the DOGE price is showing “incredible” signs of resilience compared to the broader altcoin market. Here’s Why Dogecoin Looks ‘Incredible’ Despite the market downturn, Dogecoin managed to maintain the most crucial support level. CRG…